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Measure V (Charter City) wins on election night with 54.47% of the Vote. On November 6, El Cerrito voters approved Measure V. Measure asked voters, in part, to approve the proposed El Cerrito Charter, which would convert the City from a general law city to a charter city. As a general law city, El Cerrito has the powers granted to it by the California Constitution and other state laws. Its acts must be consistent with state law.
The Measure V also instituted a Real Property Transfer Tax (RPTT) that is only paid upon the sale of property, and is traditionally split between the buyer and seller. Charter cities may adopt—with voter approval—a Real Property Transfer Tax at any rate.
As of January 14, 2019, property sales in El Cerrito are subject to a 1.2% transfer tax (RPTT) equal to 1.2% of the sales price.